If this is the only house that you own, if you keep it locked, you would be entitled to an interest deduction of Rs 150000 per financial year . ......

RBI Governor announces Annual Policy Statement for the year 2007-08 ... .08 Cement price control bad for infrastructure development and ......

In this case, the TDS liability works out to Rs 5610 (i.e., 2.244% of Rs 2,50000 at the currently prevailing rates). From the financial year 2007-08 , ......

... tax collections been this financial year (2007-08) so far? The direct tax collections this year have been encouraging....

... banks deduct TDS on accrued interest on tax-saving fixed deposits if it does not exceed Rs 10,000 for financial year 2007-08 , irrespective ......

H-3024/13.01.299/ 2007 -08 dated September 19, 2007, on the subject explains that ... exceeding Rs. 10000 for the financial year is with effect from June 1, ......

Assessment Year 2006- 2007 ) unless specified otherwise. Provisions applicable for financial year 2006-07 (AY 2007-08 ) are also ......

... tax at source-income tax deduction from salaries under section 192 of the IT Act, 1961 during the financial year 2007-08 ......

... is Rs. 8 lakh in a year (wef financial year 2007-08 ). However, a person availing of this exemption is required (u/s 69 ......

The Government, has enhanced the threshold limit for exemption from TDS from Rs. ... interest does not exceed ten thousand rupees during the financial year . ......

... of each financial year (15th June of the financial year during which the TDS is deducted or paid ... ensure that the TDS Certificate is ......

8, 2007 : The cost inflation index for the purpose of indexed cost of acquisition for the financial year 2007-08 has been ......

Cost inflation index for financial year 2007-08 is 551 ... benefits in paper form for assessment year 2007-08 in case of firms liable to ......

... tax exemption limit for the current Financial Year 2007-08 for individuals is Rs 110,000, says tax expert Subhash Lakhotia....